Welcome to our dedicated page for Ultra Clean Holdings news (Ticker: $UCTT), a resource for investors and traders seeking the latest updates and insights on Ultra Clean Holdings stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ultra Clean Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ultra Clean Holdings's position in the market.
Ultra Clean Holdings, Inc. (Nasdaq: UCTT) reported strong financial results for the first quarter of 2024, with revenue of $477.7 million. The company highlighted strength in High Bandwidth Memory and advanced packaging supporting AI, leading to a gross margin of 17.3%.
Non-GAAP results showed a gross margin of 17.9% and net income of $12.1 million. The company anticipates revenue in the range of $465 million to $515 million for the second quarter of 2024.
The conference call to discuss these results will be held on May 6, 2024.
